SMM Weekly Forecast on China's Selenium Market (Apr. 12-16)-Shanghai Metals Market

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SMM Weekly Forecast on China's Selenium Market (Apr. 12-16)

SMM Insight 05:44:46PM Apr 09, 2010 Source:SMM

SHANGHAI, Apr. 9 (SMM) -- As there were few imported goods in the market and domestic inventories of selenium were under de-stocking process, prices showed momentum to rise stably. In addition, EMM prices showed upward momentum. In this context, selenium prices will receive strong support given the supply and demand condition.

It is expected that mainstream traded prices of selenium are expected to move in the RMB 680-720/kg range, and mainstream traded prices of selenium dioxide are expected to move around RMB 490/kg.

To contact the writer on this report: fergiewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn


 

SMM Weekly Forecast on China's Selenium Market (Apr. 12-16)

SMM Insight 05:44:46PM Apr 09, 2010 Source:SMM

SHANGHAI, Apr. 9 (SMM) -- As there were few imported goods in the market and domestic inventories of selenium were under de-stocking process, prices showed momentum to rise stably. In addition, EMM prices showed upward momentum. In this context, selenium prices will receive strong support given the supply and demand condition.

It is expected that mainstream traded prices of selenium are expected to move in the RMB 680-720/kg range, and mainstream traded prices of selenium dioxide are expected to move around RMB 490/kg.

To contact the writer on this report: fergiewang@smm.cn

 

Copyright © SMM. All Rights Reserved

None of this material may be used for any commercial or public use in any forms or means, without the prior written consent of SMM. For reproduction issue, please contact us by email: service.en@smm.cn